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Updated almost 9 years ago,

User Stats

175
Posts
155
Votes
Josue Velney
  • Developer
  • Boston, MA
155
Votes |
175
Posts

LLC dos and don'ts

Josue Velney
  • Developer
  • Boston, MA
Posted

Hi BP,

I currently invest in two different areas. One area has great cash flow the second has great appreciation value. My empire is grown vary fast. I currently have two LLC's. My question is when do you know if you need more than one LLC? Should I place my assets in the LLCs by investment locations or by property value amount? Example should I say once I have so much value and liability in one LLC move to the next one? Should I keep the two family units in one LLC and the 16 unit in the other? Thanks...

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